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Messages - w1s3m0n

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196
Money & Investment / Re: We talk stock market here.......
« on: February 07, 2020, 05:03:46 PM »
Brother HR,

I'm going to give you some advice I learned reading and listening to Ray Dalio, Founder of Bridgewater Associate (largest private hedge fund).  Ray says, PAIN + REFLECTION = SUCCESS.  Ray also says the greatest tragedy of a human being is holding on to opinions that are not true.  I only say this to you because, after some thinking, I should show kindness even though you don't deserve any of it because you are a total troll and basher.

First, you have a notion that white man are better, and we need to learn their game.  There's some truth to it, but it's really we need to learn the SYSTEM.  I see many white man from your neck of the wood who don't know the SYSTEM.  Like you, they hold onto beliefs like Hmong people cannot make 100k.  These beliefs are untrue.  One of our own PH members here was an executive at a telecom company and I think he made close to half-million a year.  I make over 100k...been doing so for 10 years.  Yes, we both made this in the Midwest.  So let me reinforce, HMONG PEOPLE, HAVE MADE MILLIONS.  You are not connected enough to know who they are.  I happen to be. 

Secondly, you are so afraid of pain that you won't allow yourself to grow and try anything new.  It's very sad that at such a young age, the age you are to grow rapidly in wealth and success, you hold onto the false notions you've been programmed that limits your human potential.  Perhaps, your greatest tragedy is your arrogance to think you are smarter than the rest, and therefore, you close your mind off and will not be coachable.

I recall you use to work at some BS security job watching videos of people stealing...may be Walmart.  You got your accounting degree and you gave up being an accountant, and now you troll on PH.  My advice to you is get a life coach or mentor to help you understand your blind spots.  Anybody can make 100k, and anybody can learn.  It all depends if you are flexible enough to be open-minded.

As for me, what makes me think I can beat the market?  I don't know...I want to try to see if I can beat the market and 2x my salary.  If I can do that, I will never work a 8-5 job again.  If I don't try, how else will I know?  Why should I limit myself because of my fear or some pain.


$GOOS

damn dude, you sure you know what you are doing.... man
you say it youself 90% of trader fail
what makes you think you are good
even the PRO can't even beat the market

what makes you???? a fly on the wall ....maybe a 1% chance  winning

SORRY for your loss man
You should start trading ETF man.... it is much more easier and simpler... allow for more mistake




197
w1s3m0n, you should start a journal or thread about investments.  I’ve read your posts and they are/can be informative to someone who is interested in or already are investing.  O0

Thank you for the recommendation .  I'll probably do that.

198
HR,
You are right, I did lose two, but I hit my TSLA option.  Had I held it to the end of the day, it would have been worth $2600, but I sold early and only got $1k.  I also scalped TSLA the following day for $500.  Prior to that I had 1k+ trading OPGN.  That's 2.5k in profit.  I lost $1.2k on options.  Then today I also made another trade that I lost another 1.6k...So all in all, a week's work turned out to be -$300.  Most people look at this and say, you spent 40 hours trading, 10 hours studying the market, and you made -$300...go get a job at McDonald's.  But when you operate a P/L enterprise, you don't win every account.  Sometimes you lose.  What you care about is what's your average return.  YTD I'm still up.

Everyone has their method.  What we should do is learn from their mistakes.  What we shouldn't do is trash talk and be a crab because the entire mission of PH was to connect Hmong people and help us all grow in knowledge.  You yourself said you want to help PH members learn in the white man's game.  I do too.  But why do you need to feel so territorial?  Did I offend your knowledge?  Did I make you feel small?  Perhaps...

We can have different opinions and be civilized about it.


trouble

what he is doing is just pure gambling
should probably seek some gambling addiction help
he's no where to be found today


because his $GOOS call option went south

aka..... he going lose all his money... whatever much he play
ALL OF IT.... if the stock don't get back up above the strike price

ask him to post a PIC.... dude starts getting hostile at me

if he bet $5k..... you can kiss that good bye

199
Just for the record.  I got in OPGN and made 1.2k on a day trade.  It was 10 ticks I traded.  If you cannot be honest just shut up dude.

I did a TSLA option play and I ducked up...It should have been expiration for 2/7 versus 2/28.  Had I done the 2/7 the return would have been 20x...Imagine putting 2k into an option that has almost no chance of succeeding and getting 80k back.  Instead my option only paid me 30%, and since I exited within the 1st 5 minutes of open trading I didn't get the 100% return.  Later that day I thought about parabolic options playing and I looked for some extremely contrarian play.  I decided on TWLO and GOOS.  I knew TWLO was on the 52wk high and everyone was betting it down.  As a contrarian, you do the opposite, and so I did the opposite and I went against the trend.  I could have played it safe and kept the equity because I was up 5% on the equity.  Next came GOOS.  The China and HK protest slammed the stocked down.  If there is no lower guidance the stock would soar to $40.  However, being unlucky, the CEO said there will be headwind from coronavirus and HK protest.

If you are an aggressive trader and who want to make massive returns you have to GO AGAINST THE GRAIN and be a CONTRARIAN.  You'll get CRUSHED, but when you win, you win BIG.  The strategy I used is called SPREAD BETTING.  The probability for TWLO and GOOS were both low alpha with 100% beta.  I'm reflecting if I should play these low alpha nad 100% beta risk options and how can I better assess which low alpha and 100% beta option I should get in order to maximize return.  Through my thinking, I've come to an understanding that instead of playing through the ER, I should buy 2-3 days before ER and sell the option based upon support/resistance.

I should have been backtesting but sometimes you YOLO.  Suffering makes you learn faster.

200
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 02:42:47 PM »
so I've been learning parabolic option trading...I should be backtesting this instead but WTF...YOLO.  Today I took my TSLA profits from my scalp and threw it into GOOS call options...  Yesterday the TWLO graph was rising towards 52wk high and I crapped out.  GOOS is trending towards 52wk low and rebounding.  How much did coronavirus and HK protest impact GOOS earnings?  I'm probably throwing away good money but YOLO!!!

201
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 02:39:33 PM »
It is VERY hard for BIG MONEY to beat the index but it is possible for retailers to earn 6-7 figures trading.  The problem with BIG MONEY is LIQUIDITY.

you like my quote huh>?
i just made that one up in my head


IT ONLY AFTER THEY CUT DOWN ALL THE TREE, MINE ALL THE CAVES, AND POLLUTE ALL THE WATER...
THEY REALIZED, THEY CAN'T EAT MONEY

-hmROCK

i'm LONG on all my index,, 90% of my fund
the other 10%... i'm just trading to kill time and post on PH for cool coins
i make more money just holding index than trading   O0


you know they say even the PRO can't beat the index

202
to be honest
i think you might be one of those 80% of american who don't even own any stock
when we ask for PIC, you start to get hostile

you should read some of my thread i wrote
it's goood stuff NONE BS

You are right.  I'm a paper trader.  But if you want to know whether I am or am not, it'll cost you.

203
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 12:48:13 PM »
Its too high man
Making me nervous
Im going be taking a break

I will go fish for some walleye
Spring is almost here
Prime time whitebass fishing

You selling out of your market ETFS?   DOW to 32000 before it deflates...may be even 33000.

There's too much cash lying around...what are you going to do it?  Eat it?  You said it yourself...  You cannot eat the money...so you invest.

204
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 10:54:12 AM »

205
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 10:52:02 AM »
Any good stock to buy? W1s3m0n, thanks for MYO. Made a profit the other day when u mentioned about it.

https://marketchameleon.com/Reports/PremarketTrading

I use this to scan for pre-market gappers.  You have to look at PM action and their pattern if they will do an immediate breakout.  Most fail so look for power in volume or news catalyst.  In and out in 5 minutes.  Don't hold too long because of the mean reversion.

206
Money & Investment / Re: how to read financial statement...by hmgrock
« on: February 06, 2020, 10:50:19 AM »
it's good
as i stated above
they are "GROWIN"
thats what you like to see

you will do okay if you LONG
short term... not soo much

 O0

207
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 10:48:48 AM »
All the virus stocks are dead now so we can't trade those.  Earnings are coming in.  You can by call/put options or buy equity.  I should have been checking twitter as it's on my watch list but I was too busy chatting and getting distracted by family.

Focus - distraction = performance... didn't have both.  My trades have been lousy because sideways mainly...shoul d be up like 3k this week, but only 1.5k...kind of mad at myself.

208
Money & Investment / Re: We talk stock market here.......
« on: February 06, 2020, 10:45:22 AM »
Any good stock to buy? W1s3m0n, thanks for MYO. Made a profit the other day when u mentioned about it.

Don't hold overnight please...bette r to be safe than sorry.  MYO was an anomaly.  I didn't trade it but I know folks that did.

209
Money & Investment / Re: how to read financial statement...by hmgrock
« on: February 06, 2020, 10:40:52 AM »
HR,

Accounting is great, but it's hindsight after the dollars and cents are counted.  We are investing and trading.  We want to look FORWARD, and not BACKWARD.  Where will they be in 3-5 years?  That's far more impactful than saying what they did last 3 months.

If you look at TWLO they've been losing money but their stock price has skyrocketed until recently.  The CEO sandbagged the conference with lower guidance but they beat top and bottom.  Analyst are pretty much still bullish.  My option expires tomorrow so I'm out of the $$, but if it was at the end of the month, I would likely be in the money.  That's gambling you know on what the CEO will say and not say.

210
shorts gotta cover... man
not that hard

 O0  Gotta get in on the money train.

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